A16Z and Founders Fund sink $28M into IRL asset blockchain Harbor

Harbor helps businesses legally issue cryptocurrency tokens that represent ownership of real-world assets like real estate, fine art, company equity, and investment funds. This “tokenization” might sound boring, but...

DFS Lab is helping the developing world bootstrap itself with fintech

Entrepreneurs have it rough in Africa, India, Pakistan — places where VC cash doesn’t fall from the sky and necessary infrastructure like reliable banking and broadband can be hard to...

PayPal to roll out banking products for the ‘unbanked’ in the weeks ahead

PayPal is expanding into traditional banking through partnership with smaller banks to offer consumers debit cards connected to their PayPal accounts, along with direct deposit for paychecks and other...

Chime raises $18 million for mobile banking without the fees

It’s a bank account and credit card built for the digital age. Chime is raising $18 million in Series B financing for its mobile-first approach to...

Zelle, the U.S. banks’ Venmo rival, will launch its mobile app on Monday

Zelle, the PayPal rival backed by over 30 U.S. banks, is preparing to launch its standalone mobile app on Monday, September 12th. The move is...

Square will apply for an industrial loan company license this week

There’s been a lot of questions about whether or not Square aspires to become a bank. Now that speculation can be laid to rest. Square...

There’s a war brewing in Japan, and the banks should pay attention

James Riney is managing partner and head of 500 Startups Japan. More posts by this contributor: People often use the term “time machine model” in...

Artificial intelligence and the evolution of the fractal economy

Nikolas Badminton Crunch Network Contributor Nikolas Badminton is a researcher and futurist based in Vancouver, Canada, and provides opinions about humanity, the future...

APLICATIONS

Alibaba buys online ticketing platform Damai

SHANGHAI China's Alibaba Group Holding Ltd (BABA.N) has fully acquired online ticketing platform Damai.cn, the e-commerce giant said on Tuesday, marking a further...